November 7, 2019

VIA EDGAR

Division of Corporation Finance

Office of Real Estate & Construction

United States Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Attention: Pam Howell

Re: Alpine Income Property Trust, Inc.

Registration Statement on Form S-11

File No. 333-234304

Ladies and Gentlemen:

Alpine Income Property Trust, Inc. (the “Company”) hereby submits a copy of the Company’s letter, dated November 7, 2019, and a marked copy of certain pages of the Company’s Registration Statement on Form S-11, File No. 333-234304, both of which were emailed to the staff of the Division of Corporation Finance on November 7, 2019.

If you have any questions or comments regarding the foregoing, or have additional questions or comments, please contact the undersigned at (212) 237-0196.

Sincerely,

/s/ David S. Freed

David S. Freed

cc: John P. Albright

Mark E. Patten

Daniel E. Smith

Alpine Income Property Trust, Inc.

David C. Wright

James V. Davidson

Hunton Andrews Kurth LLP

Vinson & Elkins LLP Attorneys at Law Austin Beijing Dallas Dubai Hong Kong Houston London New York Richmond Riyadh San Francisco Tokyo Washington 666 Fifth Avenue, 26th Floor New York, NY 10103-0040 Tel +1.212.237.0000 Fax +1.212.237.0100 www.velaw.com